Lenders Mortgage Insurance Premium

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Can I borrow the Lenders Mortgage Insurance (LMI) premium or do I need to pay for it upfront?

Lenders Mortgage Insurance (LMI) is deducted from your loan proceeds. To assist borrowers Qudos Bank, in some cases, may allow you to add the premium to your loan amount and repay it with your home loan repayments.

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We respectfully acknowledge the Traditional Custodians of all the lands on which we live and work, and we pay our respects to Elders past and present. We recognise their continued connection to the land, waters and culture and we acknowledge that sovereignty has never been ceded. Our head offices are located on the land of the Wurundjeri Woi Wurrung people of the Kulin Nation in Victoria, and the land of the Gadigal people of the Eora Nation in New South Wales.

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Can I borrow the Lenders Mortgage Insurance (LMI) premium or do I need to pay for it upfront?

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